Common use of Monthly and Quarterly Financial Statements Clause in Contracts

Monthly and Quarterly Financial Statements. On or before the 20th day of each month, Manager shall prepare an unaudited operating statement for the preceding calendar month detailing the Gross Revenues, Net Revenues, Gaming Taxes and expenses incurred in the Casino's operation (the "Monthly Financial Statements"). The Monthly Financial Statements shall include a statement detailing drop figure accounts on all Gross Gaming Revenues. On or before the 45th day after the end of each quarter, Manager shall prepare an unaudited report for the preceding quarter detailing the capitalized expenditures and marketing expenses incurred in the Casino's operation.

Appears in 2 contracts

Sources: Management Agreement (Riviera Black Hawk Inc), Management Agreement (Riviera Holdings Corp)